News

About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering ...
Kering struggles with declining revenue and margins amid industry shifts. Click here for a full investment analysis.
Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of ...
Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's top shopping ...
Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...
French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second ...
Shares in Kering rose on Wednesday with analysts suggesting investors are looking past another weak quarter of earnings at ...
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.
Gucci owner Kering's revenue fell by less than analysts expected in the fourth quarter, at a time when some peers have pointed to signs of a rebound in luxury demand. The French luxury group ...
Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...